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BBC News By Mary-Ann Russon image copyrightColonial Pipeline A cyber-criminal gang that took a major US fuel pipeline offline over the weekend has acknowledged the incident in a public statement. "Our goal is to make money and not creating problems for society," DarkSide wrote on its website. The US issued emergency legislation on Sunday after Colonial Pipeline was hit by a ransomware cyber-attack. The pipeline carries 2.5 million barrels a day - 45% of the East Coast's supply of diesel, petrol and jet fuel. The operator took itself offline on Friday after the cyber-attack. Work to restore se...

State of emergency declared over US cyber-attack The US government declared a state of emergency on Sunday after the largest fuel pipeline in the US was hit by a ransomware cyber-attack. Popular Searches The Colonial Pipeline carries 2.5 million barrels a day - 45% of the East Coast's supply of diesel, gasoline and jet fuel. It was completely knocked offline by a cyber-criminal gang on Friday and is still working to restore service. The amendment to the Jones Act enables fuel to be transported by road. Experts say fuel prices are likely to rise 2-3% on Monday, but the impact will be far wor...

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In the biggest cyberattack to date on critical infrastructure in the U.S., Colonial Pipeline – sprawling 5,500 miles from Houston to New York City – halted its mainlines on Friday, May 7, when administrators detected advanced ransomware internally. On Thursday, a day before the ransomware attack, Russia-based cyber criminal group DarkSide stole more than 100GB of data, giving DarkSide added leverage to extract a ransom from Colonial Pipeline, which some speculated could end up paying a ransom to avoid a prolonged and potentially catastrophic shutdown. On Monday, May 10, Colonial announced...

Cyber Threat Intelligence Market to Witness Massive Growth by Symantec, IBM, McAfee iCrowd Newswire The Latest Released Cyber Threat Intelligence market study has evaluated the future growth potential of Global Cyber Threat Intelligence market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, emerging trends along ...